According to Yahoo! Sports' Adrian Wojnarowski, the Nets and Celtics have agreed to a blockbuster deal that sends Kevin Garnett and Paul Pierce to Brooklyn.
Jason Terry will also head from the Celtics to the Nets in the trade.
Wojnarowski reports that the package moving from Brooklyn to Boston contains Kris Humphries, Gerald Wallace, Kris Joseph, Reggie Evans and three first-round picks (2014, 2016 and 2018). The Nets will also do a sign-and-trade involving guard Keith Bogans.
Garnett waived his no-trade clause to get the deal completed.
The trade can not become official until July 10, when the league's salary cap is set for next season.
Looking to start from scratch, the Celtics will benefit from obtaining three future first-round picks. The Nets, under the ownership of Mikhail Prokhorov, have looked to make flashy moves, and acquiring Garnett, Pierce and Terry certainly falls under that banner.
Lakers: Howard unlikely to return to L.A.
Despite the Lakers' pleas to keep Dwight Howard with giant signs outside Staples Center, it appears as if the enigmatic center may not be keen on returning.
Howard, who is an unrestricted free agent this offseason, is leaning towards bolting from Los Angeles, according to ESPN's Chris Broussard.
Broussard reported Thursday that the Lakers have little chance of re-signing Howard, primarily due to his frustration with Mike D'Antoni's system. Broussard also reports that Houston and Dallas remain the favorites for Howard's services next season.
Howard played 76 games this season for the Lakers, averaging 17.1 points and 12.4 rebounds in 35.8 minutes per game. The Lakers acquired the seven-time All-Star in a four-team deal last offseason involving the Denver Nuggets, Sixers, and Orlando Magic.
Despite the hype that surrounded Howard's arrival in L.A., the Lakers went 45-37 and were swept in the first round of the playoffs by the San Antonio Spurs.
Blazers: Aldridge reportedly wants out
According to Jason Quick of the Oregonian (via ProBasketball Talk), LaMarcus Aldridge wants out of Portland because it's too small and too boring.
While Quick says he believes Portland GM Neil Olshey doesn't want to move the power forward, there remains a belief that Olshey is in a precarious situation with the potential of Aldridge walking in the summer of 2015.
Aldridge averaged 21.1 points and 9.1 rebounds last season in 37.7 minutes per game. But despite his success, Portland still missed the playoffs falling 12 games back of the eighth-seeded Houston Rockets.